AL JAZEERA ENGLISH (AJE) Indonesian stockmarket Feed
Air India’s entry into Star Alliance, the esteemed international airline group, is being torpedoed by contending airlines who want a lion’s share of the Indian market.
Star Alliance is a consortium of 28 airlines, including Air Canada, Lufthansa, S…
It has been revealed according to a recent report that Air India is going to face a debt burden of as much as Rs. 67000 cr. They are of the view that the government would come for their aid and …
Air India has been assigned with a deadline of July 31 by Star Alliance to complete its formalities and to become a full-fledged member of the global airline grouping before the final deadline of July 31.
Air India (AI) has finally set to join the global airline grouping, Star Alliance. There was a delay of more than 2 years by the company but now it would join Star Alliance by the month of July. The repeated delay in joining it is costing heavily to Air India (AI), Rs1.5-2 crore per day in revenue.
According to officials, the airline’s revenue is affected largely by its inability to offer domestic connections. The company has been lacking this facility in important markets like the US where AI operates direct flights to New York but not to the West Coast.
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